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$1,100,000

304 Commerce Way
Derby, VT 05829
Listed by Ryan Pronto · Jim Campbell Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2023

About this home

Exceptionally well constructed in 2023, this modern commercial property is situated on a highly visible 1.84-acre corner lot with public water and sewer service. The building offers approximately 5,710 sq.ft. of fully insulated and heated space with an overall footprint of approx. 80’x85’ and a full wet sprinkler system throughout. Designed for functionality and versatility, the property features three expansive 80’-deep garage bays with 14’x14’ overhead drive-in doors, 16’8” ceiling clearance, trench drains in each bay connected to an oil-water separator, and individual propane Modine heaters in each bay. Additional improvements include a 260 sq.ft. kitchen/break room with bathroom on the main level, a 260 sq.ft. second-floor office with bathroom, a 390 sq.ft. covered front entry, and a 960 sq.ft. (12’x80’) covered side storage area. Currently utilized as a truck maintenance and service facility, the property also lends itself well to a variety of commercial uses including warehouse, repair shop, contractor operations, retail sales, light manufacturing, warehousing and more. Constructed with quality wood-frame construction, metal roofing and metal siding, this building was built with long-term durability in mind. The current owners occupy one bay while leasing the remaining bays to two month-to-month tenants who have expressed interest in longer-term leases, offering flexibility for both owner-users and investors alike. The owners have invested substantially more into the property than the current asking price, creating an outstanding opportunity to acquire a nearly new commercial facility in a prime location with a spacious yard and exceptional future potential.

Property details

MLS #
5089833
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
84
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
1.84 acres
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Est. monthly payment
$6,774/mo
$220,000 down
$880,000 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

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